US national debt hits $16 Trillion. It has taken just 286 days to bulge from 15 to 16?! Talk of a debt junkie...
Soon it'll take just 4 months to down $1 trillion as more stimulus/bailout is flooded to save broken markets! And in the process inflation will soon become hard to hide. Watch out as precious metals rally in stride on this debt sink reality.
Just to put it into perspective -
http://wiki.answers.com/...US_debt_from_World_War_2$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!